Hey guys, I need help on this loan. Can anyone compare this for me? An excel spread sheet would be best if not feel free to post results. Thanks, Zook :0 Bank 1 Loan amount: $3,250,000 Term: 60 months Repayment: Monthly payments of principal plus interest based on a 20 year amortization. Rate: 1 month LIBOR+3.25%, fixed with a SWAP (current all in rate is approximately 5.09%) Fee: 1.00% Guarantee: Non-Recourse except for standard carve outs. ------------------ Bank 2 Loan - $2,900,000 Future Advance Option - $350,000 Rate - 6.10% Term - 33 months with 3 year extension option with a re-price (3 year LIBOR Swap Rate + 325 bps; not to be less than 6.10%) Amortization - 20 years Guarantee - Partner 1 & Partner 2 limited to 25% each Prepayment Penalty - $0 Fee - 0.50% ($14,500); 0.50% on Future Advance Funds Monthly Payment ($2,900,000 loan) - $21,093.87 Annual Debt Service ($2,900,000 loan) - $253,127